The Russell Brunson Show - One Of My Secret Shortcuts To Success
Episode Date: August 17, 2020This is one of the keys we used to grow our company initially that I totally overlooked and forgot to talk about. On this episode you'll hear Russell talk about a strategy he used a lot when he was g...etting started in business. You'll hear about: Creating products for someone else and letting them keep 100% of the profit! How he continues using this strategy today (with Tony Robbins!) And how these products/services may seem like failures in the short term, they help build your online presence in the long run. So listen in to find out how you can use this strategy in your business. Transcript - https://marketingsecrets.com/blog/336-one-of-my-secret-shortcuts-to-success Learn more about your ad choices. Visit megaphone.fm/adchoices
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What's up everybody. This is Russell Brunson. Welcome back to the marketing secrets podcast.
Today I'm streaming to you from an amazing cabin out on a Lake with my family. And, um,
as I've been sitting here, just thinking away from my computer for a while,
um, I started having some realizations about one of the biggest keys to help me get success
initially, um, that I forgot about. And I've been watching some people who have been using this
strategy and this concept strategically to grow their companies quickly. So I want to share with
you some of my thoughts. So the big question is this, how are entrepreneurs like us who didn't cheat and take on venture
capital, we're spending money from our own pockets.
How do we market in a way that lets us get our products and our services and the things
that we believe in out to the world and yet still remain profitable?
That is the question and this podcast will give you the answers.
My name is Russell Brunson and welcome to Marketing Secrets.
All right, so when I first got started in this whole game, right, and it was interesting because
I didn't have, you know, we talk a lot about resources versus resourcefulness. I didn't have
any resources. My wife at the time was making 9.15 15 hour. I had no job as a wrestler and we were living in an apartment that was like $475 a
month between that and, uh, and grocery money, like the nine 15 hours she was making did not go
far. So we didn't have any resources. Right. So I get it when people are like, I don't have the
money. I don't have the resource. Like I was there. And so for me though, and this is before,
before Facebook ads, before all these things, it was like, how am I going to be to be successful and so i started doing and i didn't call it dream 100 at the time
but literally we were going through and finding dream 100 partners like i was looking at the
people i was like following all the people in the market that i wanted to be in and
and i was just so fascinated by them i looked at what they were doing how they were doing it
the products they create what they were launching like it was on all their email lists i like
read every email i sent out i this is before podcasting even if they would have podcast i would listen to them but back then we did teleseminars
i would get all the teleseminars i was just like i was watching what everyone was doing and i was
like immersing myself in this market trying to understand trying to get my finger on the pulse
of what was happening and why it was happening and who are the players and what were they doing and
and why were these guys's products doing so well like what were the different hooks and the angles
they use and they just i don't know just watching and, I was mesmerized. I remember I felt like I
like stepped into this world with all these producers, all these people making tons of
money. And I was just like a little kid in a candy store, just watching and observing.
I remember looking at all these things and just thinking like, man, like how,
like, I don't know what to create. I don't know what to do. I don't have any ideas. I'm not
creative, you know, but I was watching them. And as I see people doing different things,
um, I started getting ideas. And it's funny cause I think so many of
us nowadays, we have ideas for, for a product. And so we go and we create this product and we
create it. Um, you know, the thought I'm going to create it and go sell it. It's going to be my
product for whatever reason. That wasn't my, my initial concept. My initial concept was always
like, what can I create with that person? I think part of it is cause I don't know. I had like the hero factor. I was idolizing, whatever you want to call it. I was just like,
there's these gurus who are so cool. Like how cool would it be to work with them?
And so as I started creating, as I started having ideas, my first few projects were all like,
I never thought of like, let me create a product, have this person promote it. It was like,
how do I create something with that person? And so I'd go back and I'd pitch them like,
hey, like you're really good at this thing.
What if we'd create this thing together?
You know, and like that became these things.
I was trying to come to the table with something amazing.
And I thought, you know, if I did all the work and I did all the heavy lifting and I
gave it to them, they would promote it and it would be a win win.
And so I was in the role of like, I'm going to do a hundred percent of the work.
They're going to do nothing, but I'm going to leverage their name and their credibility
and their list. And so one example, um, uh, one of the guys who I
studied a lot at the very beginning was a guy named Alex Mendozian. And Alex is a genius. And
I remember a time he had this course called, um, uh, we had a bunch of courses. He had a tele-seminar
secrets, he had a postcard, I think it's called postcardmarketing.com or something like that.
I don't know.
It was a postcard course.
About the same time, there was a network marketing program coming out called Send Out Cards.
And I was like, oh my gosh, Alex needs to send out cards.
He's teaching people postcard marketing.
This is a tool that works that way.
And so I was like, I want to create something with Alex that will get people into this thing.
And so I went through and created an idea for it.
And I was like, here's the project.
Here's the idea. And I mapped it and i you know it took me a while to
get a hold of him get through all his gatekeepers and finally i pitched it to him i was like here
it is and at the end of it he's like what's in it for you and i'm like dude i just want to do this
project with you keep all the money i don't even care like i just want you to promote it and like
we get my name next years and you know and and uh luckily he eventually said yes and i killed myself
on this project and um that probably the best example, cause that project ended up going anywhere, but
that's how it worked.
And I did that over and over and over again.
It's like all my early projects, they were, they were co-branded.
I found someone who was already successful, who had something, I brought something else
to the table.
I did all the work and they just promoted it.
And, um, uh, and that was kind of the thing.
And I was able to leverage their credibility and their
things and it was awesome and um for a long time that's how i started growing my company i was
piggybacking on the backs of all these other people and i was co-branding products together
i do all the work i slapped their name on it and it was amazing um i remember i came out with a
product called the rss auto or rss generator and at the time armor more had like 20 different
generator products i remember i created this whole product spent a ton of money energy like really expensive and i remember designing
the site and all of arman's sites at the time had his head up at the top so i had the site designed
with his head in my head on the top and i remember bringing it to him like hey uh do you want to add
another product to product line he's like what do you mean i'm like well you have all these you
know e-cover generator header generator blah blah how would you like to own rss generator
and i said go check out the site.
And he went to the site and there's the pitch, the site done.
It's finished.
His brand's got his head on it, my head on everything.
And he's like, dude, that's amazing.
I'm like, do you want to partner?
He's like, sure.
And I remember the next big seminar he promoted from stage, this new project that me and Russell
have been working on called RSS Autoresponder.
It's crazy.
You know, right now we're trying to, we are about a week away from launching a big project
with Tony Robbins. And it's this new software we created. It's insanely cool. And, um, it's kind
of the same thing. We built the whole thing and then came to Tony like, Hey, uh, this thing's
done. Do you want to be part of it? And he's like, yes. And so now it's Russell Dean and Tony's
software and, and, and Tony didn't do anything right. But he used to show up, he puts his name
on it and we leverage his credibility. He's listening And it's, you know, it'll be arguably the greatest launch in the history of the world, right?
And so I get to this day, I'm still doing it.
And I start looking at like some of the people who've come into the ClickFunnels world who are really, really smart.
Jim Edwards is a good example of it.
Jim came and he could have easily came to me and said, hey, Russell, I have this software that writes scripts for people.
You should sell it to your list.
And I would have said no. But instead he came to me and said, Hey, Russell, I have this software that writes scripts for people. You should sell it to your list. And I would have said no, but instead he came to me
and said, Hey, I have an idea. Um, I have all this cool software. What if we made a new version for
you? And I'm going to use your scripts from your books and we're going to build this thing. And,
uh, and, uh, we'll call it funnel scripts. And he pitched me on this idea and I was like,
what do I need to do? It's like nothing. I will do all the work. I'll do all the effort. I'll
do everything. All you gotta do is you gotta put your name on it and sell it with me. And I was like, done.
And so we did that. And look at now it's been, it's been what, three or four years since Funnel
Scripts first came out. And that one product alone has hit two common club X. Um, Jim makes
a lot of money every single month and, and he did all the work for it, but he came and co-branded
it with me. And, and it's this thing now that we sell every single day, like consistently it's,
it's in and of itself is a huge business, just this, this one thing.
But he was able to come to us and kind of leverage our credibility, you know?
And, um, and I think that if you start thinking about things that way, especially as you're
getting started instead of like, just, I'm gonna create a product, I'm gonna go drive
Facebook ads, stuff like that.
Like, how do you, how do you latch on to people who already have the credibility,
already have these things?
How do you co-brand something together?
There's no rules.
You can make anything you want.
Another good example, inside of Two Common Club X coaching program,
we were building out, having everybody do these summit funnels.
And so we're launching a new company with the students
to show them in real time this whole thing happening.
And so we're doing a summit just like them.
And we're asking those people. and we got somebody who we approached to
be part of the summit. It was a million person list. And they're like, Oh, we can, we can be
part of the summit, but you know, we're not going to promote. I'm like, what would it take for you
to promote? Like, I don't know. What do you have? And so we came back and said, well, instead of
paying you 50% commission, we'll pay you a hundred percent commission instead of this. What if we did
this? And like, we just gave them everything and they're like done. And now we've got something
who's got a million person list. He's gonna be promoting our summit, which is
insane. Right. And so, but we had to renegotiate, figure it out. And like, it wasn't so much,
it was co-branded, but, but same kind of thing where like leveraging their credibility and giving
them whatever it takes. Okay. I have friends in the past who have gone to affiliates and said,
you know, promote my product, co-brand it. I'll give you a hundred percent of the commission.
Oh, in fact, okay, here's another funny, sorry.
The story was kind of a funny one.
Some of you guys know who Logan Paul is.
I'm not going to give you my opinion on him or it or anything, but he posted on Twitter the other day that he'd give $10,000 to any influencer who could be in a wrestling match.
And so obviously I was like, dude.
So I run back.
I said, I'll give you a hundred grand if, uh, if you wrestle me.
And if, if, uh, if you win and if I lose, uh, or excuse me, I'll give you a hundred
grand if you win.
And if, and, uh, and if I win, I'll give a hundred grand to charity to OUR.
And so I'm putting out there and it's been funny.
I've been texting back and forth.
I'm trying to set up this huge wrestling match, uh, with, with Logan Paul.
And it's funny cause if you don't know Logan, he's got like 20 million followers on YouTube.
He's got 18 million on instagram all these things and it was funny we're kind of
negotiating this thing which i'm hoping happens cross your fingers it happens but we're going
back and forth and and he was asking me like well what's in it for you like what's like
i was like literally i'll pay you 100 grand win lose or draw just like let's do this thing i'll
pay 100 grand i'll donate money to you i don't even care he's like what's in it for you i'm like
dude what's in it for me is I get to wrestle Logan Paul. Like
that's going to be on a YouTube channel for your 20 million people. You're going to Instagram it.
Like, like I'm just leveraging it for the credibility. I'm like, I was like, you can
sell tickets to this thing. You put 100% of the money. I don't want $0 from it. Like I'm just
leveraging you and your credibility and your personality to bring more people into my world.
Right. Um, and I think that, I just, I don't know. I just
want you guys to start thinking that way. I think so many of us think about the short term, like
how are we going to make an immediate ROI? And it's like, no, no, don't worry about that. Like
I'm not gonna make any money off my Logan Paul wrestling match, right? I'll lose money. I'll
give money away, but it gives me publicity. It's attaches my name to this thing. Like he does all
these things now, if I'm able to pull it off that will in the longterm, make me insane amounts of
money. And that's what I'm looking for. I'm looking for these partnerships. So think about that as you're, as you're building
your businesses. Think about, um, the projects you have. Think about the ecosystem you're in.
Who are the influencers? Who are the people that have the list? Who are the people that have power,
that have money, that have connections that have like these things? What can you create?
Instead of getting them to promote as an affiliate, what can you create? You can co-brand
and let them be part of it, right? Where you the work they slap their name on it they promote to their list
and you split the money maybe you'll split 50 50 maybe it's 90 10 like whatever they take less
money but then you're building your list your credibility your reputation like all those things
you know in the short term if you looked at most of those early projects i did the co-branded
projects um most of them from the outside look like failures right but if you look at compounding
over a decade it's like this one led list this led list this led list every single time it introduces
me and my personality my brand to a new segment of the market new segment so eventually it's like
man i see this guy everywhere right i see russell everywhere how many years have i felt that before
like no i see russell everywhere i open my phone and he's where i go he's there it's because i am
i'm there on podcast interviews and they're on on on ads. I'm there on, you know, many things I can,
hopefully I'll be there on a wrestling match, like all the things. And, um, that's kind of the,
the goal. So I hope that helps. I just put that thought in your head. It's just starting to think
through this and your businesses, how to put them all together. Um, that said, we're about to go
and jump on some boats and some jet skis. So I'm going to bounce. Thank you guys for listening
today. If you guys for listening today.
If you got any value from this, please take a snapshot of it and post it on Instagram or Facebook and tag me on.
I'd love to see it.
And let me know your biggest thoughts, your biggest takeaways and drop some ideas about
how you think you could co-brand your next project or take your existing product and
co-brand it with somebody.
If you do that, I want to know about it because it's going to be a shortcut to your success.
Thanks so much, you guys.
And I'll talk to you all soon. Hey, I want to know about it because it's going to be a shortcut to your success. Thanks so much, you guys. And I'll talk to y'all soon.
Hey everybody, this is Russell again.
And really quick, I wanted to invite you to join, um, arguably the best thing that we've
ever put out inside the ClickFunnels community.
And it is a challenge we call the one funnel way challenge.
You know, everyone in their business, in their life, they're one funnel away from something.
Some of you guys are one funnel away from quitting your job. Some of you guys are one funnel away from getting more impact. Some of
you guys are funnel away from growing your company to the next level. Um, and so we created this
challenge to help you to create and launch your first or your next funnel, no matter where you
are in your business. Um, this challenge is going to help you to help you understand the strategy,
help you understand the tactics, hope you understand all the things you need to be
successful with your funnel. So, uh, what I recommend you do right now is stop everything, pause this audio,
go online and go to one funnel away.com. That's one funnel away.com and join the next challenge.
There's a challenge starting in the next few days. So go get started right now. One funnel away.com.